A More Cautious Fed Signals 'High For EVEN Longer' Interest Rates | Axel Merk
Yesterday, May 1 2024, the Federal Reserve issued its latest policy statement, followed by a press conference by Fed Chair Jerome Powell. The Fed held its policy interest rate steady at 5.25%, as expected. Somewhat surprising to Wall Street was the Fed's announcement that it will reduce the scope of its Quantitative…
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